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. number two, as bill clinton and president obama point out, the math doesn't add up when you're trying to do this just on deductions. you need to do both deductions and loopholes and, of course, raise the rate. that's the only way the math works. and as far as hurt the economy, let me say for the 10,000th time, bill clinton raised tax rates on the top 2% in 1993 and we then proceeded to grow the economy by 23 million jobs. so, that's a bunch of bull, speaker boehner. >> let's go back to alex with the same question. i will argue that even though he hasn't specified the deductions or the loopholes he's going to close, the governor is right, there isn't enough at the top to close to make up for this advantage they have now but it seems he's accepting the moral argument. he's saying, the rich should get socked, too. that was an amazing admission for him to say to that. your thoughts. >> i agree with you. the fact that john boehner is out there saying we are asking the rich to pay more in taxes is not something they ever would have done in 2011. if you remember, math by details in the sitdo
to what bill clinton have. >> some liberals pushed the president to raise the debt ceiling himself, claiming he has executive power through the 14th amendment. jay carney reveals today the white house studied that, does not believe the president has the power. that means we are headed for another major showdown with congress over the debt ceilin ceiling. >> bret: more with the panel. ed henry, thank you. republicans are losing one of the most conservative voices on capitol hill. south carolina senator jim demint surprised a lot of people today when he announced he is leaving the senate. but staying in washington to run the conservative heritage foundation think tank. he joins us tonight. >> great to be with you. >> bret: why are you doing it? >> if you look at the 2012 election, apparent that the conservatives need to do more to convince americans that ideas will make the lives better. unfortunately in the senate what we have to do is point out bad policy with the president. that is important job. my background is research and marketing to people. to leverage their assets to commun
this because you remember, we went through this with newt. you know, bill clinton would push newt only so far, and then the conservatives in the caucus like myself and matt salmon, steve largent and others would say we're not doing a deal. we will take this place down. we're not doing a deal. and then newt would call bill clinton up and say, you're pushing me too far. you've got to work with me here. the same thing's happening right now with boehner. >> with boehner. >> the republican -- and when you start stripping people of committee -- committee seats, war breaks out and it gets really -- it happened with us. it's about to happen here. he's got to realize that boehner is his partner. >> it feels like we're at a really critical moment here with respect to boehner. and he can choose one of two paths. he could choose the recalcitrant path, which is perfectly possible, or he can say to himself, okay, i need to build a coalition for the purposes of this fiscal cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm ver
are live in michigan. >>> and what is michelle obama and former president bill clinton fighting for? it's a good thing. [ woman ] too weak. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do >>> scott walker is under fire after endorsing a plan to end same-day voter registration in wisconsin two weeks ago. now he's trying to calm the rumors to convince everyone, it's not a big priority for him. >> it's a ridiculous issue. my priority is about jobs, it's not a part of my legislative priorities. it hasn't been something i've thought about. >> just something he talked about? a ridiculous issue? sorry, i'm not buying that one. because on the same day that he called this a ridiculous issue, two of his buddies in the state house were actively signing up co-sponsors for the bill that would end election day registration. so he can say it's
to bill clinton levels. interesting, on the op ed page of investors business daily today, what they talk about is because the president loves the bill clinton era, forget about the tax rates. how about bringing spending in line with what it was when bill clinton was president of the united states? the last year of the clinton presidency, government expenditures were 18% of gdp. now over the last four years, they've averaged about 25%. so idb says adopt the spending levels and restrain the cost, mr. president. not the tax rates. cut the spending, not the -- >> gretchen: it's kind of like that duh sound on the simpson show. people know this. people know this is what it's going to come down to yet it's this posturing. now headlines, chaos in cairo. president morsi returning to his palace overnight. he took off amid violent protests between police and protests, 100,000. they're outraged over morsi expanding his powers. hello, you elected him -- but the muslim brotherhood calling for its own protests over alleged abuses by the opposition. several tv stations in egypt going back to protest the
're seeing in wall street today is short-term behavior. bill clinton's tax rates, what we're going back to if we go down the fiscal slope, had no negative effect in the economy. in fact the economy was a whole lot better when bill clinton was president than it was under george bush or barack obama. so i think your case is good in the short term, not so good in the long term. i think the best way to restore confidence in wall street in the long term would be to show we're serious about the deficit. i don't think any deal they strike will be as serious about the deficit as this fiscal slope. >> i just think that era, you're right. the economy boomd especially in the mid 1990s and late 1990s. i don't think it did so well a couple years after bill clinton raised taxes. that's one of the reasons 1994 republicans had the biggest election they've had in 100 years. people wanted an end to the kind of liberalism. but the president better put some spending cuts on the table here. because if he doesn't, i just think the whole thing blows up. larry i'm afraid now we are going to see a potential goi
right, we'll shift rates, even not back to the bill clinton tax levels that the republicans say they don't want to go to, but even just back to somewhere close to that. >> but do you think, i mean, if we're talking, you know, preclinton levels, we're talking north of 39%. is there wiggle room between 35% and 39%? couldn't they just say, 37% is right in the middle, 37.5% is right in the middle. >> john boehner is used to cutting deals. he has a conference that doesn't let him do it. the tea party folk have stopped him again and again and again. he made statements in the past where he had to try to round them up very forceinally and not always with great success. enough trade bait out there. the president has been out there taxing dividend income. that's something that failed when the senate tried to do it and obviously trade bait and he didn't campaign on it and he doesn't feel strong about it. >> the escape is something a lot of folks are concerned about. >> he put it out there and it could be adjusted. once you get a range, you could strike it right down the middle. there's plenty to do
they talked about it because president clinton is a political wonk. what bill clinton showed during his presidency is that there's a way to show common ground with republicans who hate you. they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest of the royal family has said to be excited by this news. she was admitted to the hospital this afternoo
under bill clinton proven just the opposite. in the eight years under george bush proven when you do give tax cuts to the rich, the economy doesn't soar, it sinks. president obama finally part of their campaign yesterday always very clever. obama operation. they came up with a way for all americans to be able to sound off on this issue. he noted that if the tax cuts on the middle class on the 98% do go up, middle class americans will pay $2,000 more in taxes every year. that means $2,000 out of your pocket so the president's asking people to tell members of congress what that -- what you could do with that $2,000. what that $2,000 would mean to you and they're sending -- asking people to send their stories to their member of congress. republican or democrat or to their united states senators and they've done so by coming up with a twitter hash tag. it's hash tag my 2k. president obama announcing it. >> obama: tell members of commerce what a $2,000 tax hike would mean to you. call your members of congress. write
is a bet solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these top tax rates, they have conceded about 75% of the tax debate to republicans by agreeing with them on all of the otherç rates. >> that is true, aalthough there is a matter of timing. you know, i think part of what you have to look at here is it's really hrepublicans who force this conversation about having deficit reduction right now. we shouldn't have deficit reduction right now. we should focus on jobs and employment and continued stimulus for the economy, which i was really happy about the president at least had some of that in his plan. then you ask yourself, okay, what could you do in terms of reducing the deficit that would be the least damaging, and what economists say and what makes common sense is people at the top end of the income scale, who can afford to pay a little more, that's the place where we can raise the rat
the day, he went to saint andrews and played golf with bill clinton and terri mccall mccalliffe. peters that was a little bit more of a high-profile sunday than i had. >> bill: al good return. >> ron kirk, the u.s. trade ambassador. >> bill: a frequent golf partner with the president. >> we are learning more about what mitt romney has been up to including having a non-home-cooked thanksgiving dinner. he ordered in from boston market for the family saying there were too many kids running around to be cooking. >> peter: how the mighty have fallen. >> photographed pumping his gas since he has no entourage to the pump it for him. >> a sad story, nothing to do. >> peter: i don't feel that bad about it. hanging out with his car elevator taking rides. spiritists one of his many homes. >> the author of the hunger games trilogy is taking a break by writing a children's picture book an auto guy graphic piece about coping with her father's military service in vietnam as told through pictures. >> bill: all right, dan, thank you. all of the talk on the sunday s
-american. maryland did it. >> i'm curious why you think president bill clinton since he has the freedom hillary doesn't, why hasn't he apologized for this stain on his record? >> in 2009 before obama, not a very expansive or hugely heartfelt way, said i'm now for marriage equality. again it was not a big statement. i think he feels like i did that, what more do i have to do. i think doma is such a nasty bit of legislation, codified bigotry, it calls for more robust than that. >> the important divergence that frank is identifying between the two democratic presidents. president obama's justice department did make the unusual step of deciding not to defend the constitutionality of doma, typically the justice department defends everything because it is the lawyer of the laws of the land. here they have the discretion to do otherwise. they did otherwise. it makes a difference. as the lower courts and potentially the supreme court, as they look at this, they look to the political branches and now we have the president of the united states, one of the political branches saying this is not constitutional, i
was above 70%, we had a faster average annual growth rate in this country than we've had since. bill clinton in the 1990s raise the taxes. raised the highest marginal tax rate and did better in terms of the economy job creation, economic growth, and economic performance by every measure than the years after george w. bush reduced the highest marginal tax rates. the evidence seems to point in the opposite direction, higher taxes on the wealthy help the economy, and don't hurt the economy. >> eliot: that is exactly the point that warren buffet has made over and over again. the preeminent investor over the years. he said i'm a capitalist. i want to make money. listen to robert reich. from an ideological point of view it seems to me from the inception of the republican party they want to cut taxes cut taxes this has been an effort to starve the beast. to say that there is no money for government, and you must cut the agenda. that seemed to be the agenda from the early reagan revolution revolution. >> david stockman came up with the phrase starve the beast. he understood if you go deeper and dee
as the speaker, with bill clinton. but the second term, they did get stuff done. both of them used to them me, they used to throw everybody out of the room, and get it done. what worries me about the boehner/obama relationship, it seems like it's almost nonexistent. they can't even shake hands at a party, for goodness sake. >> and in many ways, i blame the republicans for not coming up with a real deal, not recognizing what the voters did. at the same time, i think obama has been very, very poor at applying the personal charm and chemistry that the president can. dragging people off to camp david. and we don't know whether or not that would work. but he hasn't tried it. and when a government budget is at stake -- >> larry, they did feel offended by president obama's last offer. they felt it was so outrageous. >> it was outrageous. it was double what they saw last year. it had spending increases, rather than spending cuts. and it wanted to have congress lose its role, in term terms of increasing the debt ceiling. none of that's probably going to happen. and i think to nick's point, it's a good
can tell you, it's not a hard ask, it's a partnership. and actually, as much as bill clinton and newt gingrich loatheds each other at times, they worked together to deal with -- >> on impeachment. >> to deal with republicans like myself on balancing the budget for the first time in a generation, balancing it four years for the first time since the 1920s, paying down the national debt. and you know what? newt gingrich always had to fight us on his right flank, and he and bill clinton sat in the white house and strategized. >> i have a question. >> republican votes for that first clinton budget that set them on the path. >> joe, i've got -- >> hold on. come on, richard. you must have been sleeping or somewhere in britain in '95, '96, '97, '98 and '99 when we balanced the budget for the first time in a generation. >> joe, i have a question for you. let's say boehner goes back to his caucus and says, you know what? from the president's first proposal, i was able to shave off $600 billion in tax hikes. >> right. >> so i saved that. >> by the way, we're going to end up at, like, 1.2, aren't
of mine. good friend of bill clinton's played golf with president obama and bill clinton last sunday. versus this extreme radical tea partier, ken cuccinelli who is the todd akin of virginia. man, that's going to be a good challenge. >> announcer: this is the "bill press show." every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. >> announcer: radio meets television. the "bill press show" now on current tv. >> bill: 33 minutes after the hour now. busy day here on the "full court press" this thursday, december 6th. good to you have with us today. don't forget, you can join
for the event taking a picture of herself. here she is and secretary hillary clinton. bill clinton along others says said if there's a movie made by hillary clinton meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disantibiotics, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> that was a good line. kerry has been careful to stay clear of the public speculation about whom the president will actually pick to replace hillary clinton. >>> also, ads governor jan brewer, she's a heavyweight, in a comment about global warming. she doesn't think it's man made, but her own explanation for climate change is rather lacking. here is what she told a local reporter. >> everybody has an opinion on it, you know, and i probably don't believe it's manmade. i believe that,
rationale? >> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it needs to be and we cut some human services thin
the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the economy was starting to get a real head of steam. not enough to save george h.w. bush but that slowed in '93 and '94. when republicans came in, cut spending, killed hilary care and alan greenspan had a sensible monetary policy, the economy started to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you're not taking them. >> two things first, larry, didn't president reagan raise the capital gains tax rate? >> in a tax reform plan he did. >> exactly. that's my point. was that class warfare when he did that? was that class warfare when he did that. >> re
bowles idea. they summarized the testimony that the bill clinton chief of staff last year gave about what he thought might kind of be a workable budget deal way back then. because bowles is a democrat, the republicans thought they he could try to pretend that agreeing with a single democrat means that they are actually willing to compromise big time even though erskine bowles is a very easy democrat to negotiate with, unlike the actual elected democrats in washington. in other words, erskine bowles is willing to compromise on things or was willing to compromise on things that the democrats are not willing to co comp pro mice on. which means that it's utterly meaningless on your way to try to get a deal with the president of the united states. erskine bowles' proposal included a $600 billion cut in medicare spending which he achieved by raising the medicare eligibility age. so republicans just proposed raising the eligibility age for medicare, a proposal that polls show is supported by a full 30% of the american people and rejected by only 67% of them. white house communications director d
we could do is go over the fiscal cliff. we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i
-bowles commission. because in other words it came from bill clinton's chief of staff. this is where the proposal -- >> -- >> listen that's a point. that's how extreme this is, bob. and -- >> in terms of -- does not have the rate reductions, does not convert medicare and does not convert medicaid to a voucher. it doesn't have the structural changes that are objectionable to the democrats. there's a lack of specifics here. but if i'm the president i'm thinking they're putting $800 billion on the table in removing deductions and exemptions i'm going to pocket that and add some of the additional revenue from rates i can get from allowing rates to expire. >> we're going to be talking to senator johnson this morning also xavier becerra about the details or lack of details in the two competing plans at this point and how much bowles is connected or not connected to this plan. still ahead this morning on "starting point" a young cancer patient missing from a hospital and her life depends on finding her. we'll tell you what happened when police found her father. that's coming up. this holiday, share ever
get something done on this. >> yeah, done. d-u-n. right. i love what the former president bill clinton, the analogy, just a kabuki dance, he said, they're like two dogs that meet over a piece of meat, they sniff each other out. they're all move torgdz a deal. that's what is going on before we head over the cliff. >> no one puts it in layman's terms, no one does it as well as bill clinton. putting it in terms everyone understand. this is our visual. this is the cliff. end of the year. this is high tech. >> yeah. >> oh! what, ha ha. but see. that's right. negotiations never go in a straight line. yeah. >> little crooked there. got somer use today. hanging left. >> i hate that. >>> bizarre turn this morning for soft wereware tycoon john mcafee. he was arrested in guatemala last night for entering the country illegally and now there is word that immigration authorities are about to send him back to belize. before his arrest, mcafee spoke exclusively to abc's matt guttmann in guatemala city. >> reporter: after weeks on the lam, software security pioneer, john mcafee has resurfaced in guatem
of state. and bill clinton's state department, she was in charge of african policy including controversial decisions on sudan. today republicans also blamed her for another security failure, the embassy bombings in kenya and tanzania 14 years ago and politics can be personal. in the 2008 obama campaign, rice ridiculed john mccain for wearing a flak jacket on a baghdad walking tour while claiming iraq was safer. >> that was andrea mitchell reporting. >>> as most people focus on susan rice and john kerry as the frontrunners for the secretary of state job, a new report suggest that's former republican senator chuck hagel is also vetted by the white house for a potential security post. >>> overseas, egyptian president mohamed morsi is expected to call for unity while addressing his nation today. tension still very high after he issued an edict that will give him sweeping power above the reach of judicial review until a new constitution is adopted. they're rushing to finish a new draft of the constitution that could see a vote as early as today. but with protesters continuing to clash with riot
other great second-term presidents like ronald reagan, bill clinton. when he gets out there and makes his case in the country, that reverberates back in the capital. i think it's the best way for him to move these members of congress. >> erick, the main people he has to talk to here quite frankly are congressional republicans. are they somehow going to be swayed after this last election that the president's got the right idea all of a sudden? it doesn't sound right. >> no, i don't think so. and to paul's point interestingly enough, i was struck during the debt ceiling debate that every time the president spoke inside washington or the white house, his poll numbers went down. when he got out of washington and went out into the crowd, his poll numbers would go up saying basically the same thing. so i do think it works for him with the crowd and with the public. but i'm not sure it's going to work with congressional republicans. >> erick, i have to ask you while we have you up there and you knew this was going to come up. there's been some talk about you running for senate in the state o
who get the gifts that i get, the goldwater sticker and the bill clinton cork screw. >> who better to pop your cork. >> where does it come out of no it says warning it could create penal envy. cork screw bill. the new action hero for wine drinkers. >> the cork screw comes out of that area on him. >> stephanie: he said happy birthday. my birthday is in september. he's a little behind on the birthday wish. thank you. fabulous gift. this is bruce in maine with the goldwater miller sticker found in an antique store. i don't think it's that old but who would reproduce it. someone who wants me and nancy goldwater to run again. it's a new gold water and miller sticker. i'll give that to my mom for her 90s birthday, which is coming up. she'll enjoy that so much particularly the bill corkscrew. stan you're on "the stephanie miller show." hi stan. >> caller: hi, how is it going. >> stephanie: good, go ahead. >> caller: i own a 400-square-foot real restaurant. the thing that confuses me when representative boner yesterday way sassing how these tax increases is going to going to effect us. tha
. it is disappointing in the sense. if it were president bill clinton, you might think that something. ideas might be exchanged with one another. >> steve: some folks suggest that maybe the president would offer him secretary of business. >> gretchen: really? wait a minute. what percentage of people watching right now think that president obama would offer mitt romney secretary of business. >> brian: that is. >> gretchen: that would be fantastic but i doubt it. >> brian: in reading his bio. one of the business mistake was working in the cabinet for president nixon. i am personally kind of disappointed that bee are talking about tax rates for the rich. >> steve: campaign. >> brian: what about the middle class people standing in the back drop as they need a break and the president urging for something to be done yesterday and there is no scheduled meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give
. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill tha
. he did the deal with the newt gingrich and bill clinton. you c . stuart: stop smiling. >> every democrat sitting right% there has said the same thing. remember bill clinton. he raised tax rates and it sent off a boom. you don't agree with that? >> i do agree with it, but he also reformed welfare. he was also willing to rein in modestly entitlements and do things on a comprehensive basis, it worked and paid huge dividends. stuart: i've got 30 seconds. >> yes. stuart: are we going to get a fiscal cliff avoid dan deal? >> we may get some form of a deal. we are not going to get a real deal. i think the economy is going to be hurt and i think both sides, especially the president deserve blame. stuart: who will get the blame? >> the republicans clearly are going to get the blame and hurting themselves. stuart: but we may go into a much slower economy and hurts the president. >> bad news for the president and even worse news for the the american people. stuart: i agree with that. all right, doug, not bad the at all. >> still a democrat. stuart: is that a tag line to every interview? >>
under bill clinton. and everybody knows that. 23 million jobs, balanced budgets, all the rest. it's not going to hurt anything. the second thing, the automatic spending cuts. so my view is we can climb down that cliff by doing what the president says on taxes, bringing home the money from the wars, and stopping those automatic cuts. we're off the cliff. and then we get together with goodwill, right in january with the new senate and the new house, and we hammer out the long-range solutions to all this. >> i want to you listen to something that your colleague, pattie murray, from washington state said on alex wagner's show about this fiscal cliff and her attitude toward it. i want to you react to it. >> sure. >> it's not a good idea to go over the fiscal cliff. no one wants to see that happen. it is a bad idea. but a worse idea is to accept a compromise that allows the wealthy americans to continue to not pay their fair share because the result of that will be middle class families will bear the entire burden of the challenges that this country faces. that's not fair or responsible
. you go back to bill clinton's tax rates which we did pretty well under bill clinton, you cut some defense spending, which isn't going to get cut otherwise because the defense contractors are in practically every congressional district in the place. and you do make some human services cuts which i don't like but everybody's going to have to put something on the table here. >> steve rattner, i'm sure you would beg to differ with what howard dean had to say as far as the fiscal cliff goes. he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would disagree probably on some of the elements of what constitutes -- >> no, but he's saying it's not a disaster if
. >> cenk: maybe they have a binder full of pens. >> he has got to be bill clinton for a moment. explain it to people like my husband would clayne to me, stop spending money. that would help. but then he realizes that i have to make money. stop spending money is not enough. >> the problem is when you don't stop spending money. here who is not laughing this is john boehner speaker of the house. >> this is a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks, i've been very guarded in what i have had to say. but when i come out the day after the election and make it clear that republicans will put revenue on the table i took a great risk. >> cenk: kind of makes you yearn for the pen jokes. >> yes. >> cenk: look, he didn't take a great risk. that's what the whole election was about raising revenue. raising revenue is code word for not raising the income tax rates. we don't want to raise rates we'll get rid of loopholes that we'll put back in next year. i love the point that dorothy made. i never thought about it that w
of bill clinton terry mcauliffe as the democratic nominee. some people are painting this as a tea party against the clintons in mcauliffe. things can still happen. it looks like a fascinating race. >> chris, as you know, political reporters, we only have two gubernatorial races to cover. we give a lot of attention to virginia and new jersey. what's fascinating about virginia, since i've been covering politics on the national stage, the off-year election has proved to be a template if that party that's out of power wins. 2005, tim kaine ends up running a race, appealing to independents, sfresing his religious faith. actually kind of having a very soft appeal to a lot of folks. he's adopted that 2006 and 2008. a lot of the ideas barack obama ran on in 2008 was tim cane. >> he endorsed him for president, just as a sidebar. >> mcdonnell was focused like a laser on the economy. what did we see republicans do? focus on the economy. try to turn social issues away. he was very successful in 2005. house republicans and senate republicans successful. mitt romney not so much in 2012. that's why vi
surpluses that bill clinton left us, but because george w. bush went in front of the microphone and said, "i have political capital and i'm going to cut everybody's taxes," he then put two wars on the credit card and that was the end of the surpluses. we went into deficits, deficits as far as the eye could see. deeper and deeper in debt. so you might ask, then, "senator boxer, why are you now supporting those tax cuts being renewed for 98% of the people?" and the answer is, it's a different time and a different place. we're getting out of a recession and we can make up the moneys we need to balance this budget by going just to the top rate, going to the people over $250,000. remember, this plan that we passed in july -- if we could go back to that chart -- that gives a tax break on the first $250,000 of income. and, in essence, giving everybody a tax break on that first $250,000. it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for
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